SHA:603535 Balance Sheet

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	249.61	421.57	304.98	906.15	238.9	514.53
Short-Term Investments	-	-	-	-	60.04	63.89
Trading Asset Securities	276.33	3.07	6.03	250.63	214.57	-
Cash & Short-Term Investments	525.94	424.64	311.01	1,157	513.51	578.42
Cash Growth	37.17%	36.54%	-73.11%	125.27%	-11.22%	-3.45%
Accounts Receivable	719.69	693.83	525.51	489.77	435.89	405.67
Other Receivables	73.34	11.57	42.4	28.62	44.81	12.14
Receivables	793.03	705.4	567.91	518.4	480.7	417.81
Inventory	155.71	128.46	123.74	127.88	212.04	174.66
Other Current Assets	143.08	177.26	163.46	81.63	73.77	58.78
Total Current Assets	1,618	1,436	1,166	1,885	1,280	1,230
Property, Plant & Equipment	2,177	2,121	2,064	1,688	1,355	972.86
Long-Term Investments	7.81	6.95	6.71	6.14	5.73	5.43
Other Intangible Assets	359.59	366.27	214.76	220.53	181.55	155.5
Long-Term Accounts Receivable	19.25	25.36	-	-	-	-
Long-Term Deferred Tax Assets	27.05	21.43	23.11	14.91	10.68	10.01
Long-Term Deferred Charges	26.16	32.58	10.89	-	-	-
Other Long-Term Assets	726.37	726.77	886.88	3.72	4.23	0.64
Total Assets	4,961	4,737	4,373	3,818	2,837	2,374
Accounts Payable	412.66	457.43	627.65	524.36	481.22	466.12
Accrued Expenses	9.67	73.08	70.31	38.17	29.27	22.04
Short-Term Debt	399	319.95	227.51	175.26	186.79	98.06
Current Portion of Leases	-	20.99	8.77	12.64	16.96	-
Current Income Taxes Payable	115.84	32.72	22.26	8.75	6.74	7.43
Current Unearned Revenue	16.64	11.64	10.92	3.77	9.63	4.14
Other Current Liabilities	47.21	54.19	50.72	18.55	17.57	4.64
Total Current Liabilities	1,026	969.98	1,018	781.51	748.18	602.42
Long-Term Debt	1,103	1,051	862.13	675.17	-	-
Long-Term Leases	55.1	55.77	1.66	11.96	24	-
Long-Term Unearned Revenue	18.51	19.13	19.99	20.87	22.11	23.3
Long-Term Deferred Tax Liabilities	5.02	5.17	17.88	20.67	0.24	0.01
Total Liabilities	2,208	2,101	1,920	1,510	794.53	625.74
Common Stock	510.92	345.21	233.25	233.25	160.86	150.4
Additional Paid-In Capital	400.33	565.97	677.88	677.86	750.25	630.65
Retained Earnings	1,706	1,589	1,407	1,263	1,110	944.26
Comprehensive Income & Other	127.36	127.86	127.51	126.7	14.54	16.46
Total Common Equity	2,745	2,628	2,446	2,301	2,036	1,742
Minority Interest	8.25	7.41	7.02	7.03	6.86	6.6
Shareholders' Equity	2,753	2,635	2,453	2,308	2,043	1,748
Total Liabilities & Equity	4,961	4,737	4,373	3,818	2,837	2,374
Total Debt	1,583	1,448	1,100	875.04	227.74	98.06
Net Cash (Debt)	-1,057	-1,023	-789.06	281.74	285.77	480.36
Net Cash Growth	-	-	-	-1.41%	-40.51%	-19.82%
Net Cash Per Share	-2.08	-1.99	-1.56	0.53	0.58	1.00
Filing Date Shares Outstanding	510.92	510.91	510.91	510.91	510.91	477.68
Total Common Shares Outstanding	510.92	510.91	510.91	510.91	510.91	477.68
Working Capital	591.42	465.78	147.99	1,103	531.85	627.24
Book Value Per Share	5.37	5.14	4.79	4.50	3.98	3.65
Tangible Book Value	2,385	2,261	2,231	2,080	1,854	1,586
Tangible Book Value Per Share	4.67	4.43	4.37	4.07	3.63	3.32
Buildings	-	1,627	1,622	1,155	565.08	392.7
Machinery	-	69.82	52.85	49.13	47.07	41.07
Construction In Progress	-	593.52	573.16	619.58	836.57	658.37

Source: S&P Global Market Intelligence. Standard template. Financial Sources.